Ask Experts Questions for FREE Help !
Ask
    VLADIMIR NARVAEZ's Avatar
    VLADIMIR NARVAEZ Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Mar 14, 2010, 07:12 AM
    Are mortgage rates going up soon
    What are mortgage rate projections for 2010
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #2

    Mar 14, 2010, 07:35 AM

    About the same it appears, value of the dollar is the larger issue along with perhaps tighter rules on borrowing from a lot of major banks as more defaults keep happening.

    Also best guess is still lowering home values till foreclosures start to even out.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Negotiating Lower Rates on Mortgage [ 1 Answers ]

We own a home in Arlington, VA, and bought it in May '07. We owe more on the house than it's worth; we're watching these low interest rates and can't take advantage of it. Our banks (1st and 2nd) aren't open to a refi. Any suggestions?

8 Finance Questions - interest rates, inflation, mortgage, bonds and stocks [ 1 Answers ]

I have a finance midterm tomorrow, and there are 8 questions for which I do not know the answers. PLEASE HELP :( 1- April is saving $250 in nominal dollars at the end of each year for the next 12 years. The expected annual nominal interest rate is 3% for the first 4 years, 3.6% for the next 6...

Yields, exchange rates and interest rates [ 1 Answers ]

When interest rates falls, then bond prices rise and yields fall. However, when the exchange rate falls, investors demand less bonds, price of bond falls and yields rise. So what happens in an environment of falling interest rates and depreciating exchange rate- the 2 are opposing consequences-...

View more questions Search